Sorainen has been appointed as legal advisor to tunnel project FinEst Bay Area Development. The tunnel will enable a safe, high-speed connection between Helsinki Vantaa Airport and Tallinn Airport. The aim is to complete the project in 2024, after which a 20-minute train ride between Helsinki and Tallinn will be available. The link will consist of […]
Deals & Cases / Mantas Petkevičius, Vytautas Sabalys, Laura Matuizaitė-Mikštė, Ieva Krivickaitė
Sorainen advised BaltCap, a major private equity and venture capital investor in the Baltic region, on sale of Kelprojektas to Swedish technical consultancy firm Tyréns. Kelprojektas’ operations will continue under the existing name and brand. Kelprojektas is Lithuania’s largest infrastructure consultancy and is also active in the fields of design, water, geotechnics, the environment, traffic, planning and landscape architecture. […]
Deals & Cases / Raivo Raudzeps
For several years, Sorainen Latvia has been providing legal assistance to the University of Latvia in administrative litigation initiated by licensed construction company Abora operating in the area of construction and reconstruction of various structures and buildings. Abora had gone to court to challenge exclusion of its offer from the open procurement procedure “Development, construction […]
Sorainen is advising Owens Corning on the acquisition of Paroc Group, a leading producer of mineral wool insulation for building and technical applications in Europe. The total disclosed value of the acquisition of Paroc Group facilities in Finland, Lithuania, Poland, Russia and Sweden is EUR 900 million. NYSE-listed Owens Corning develops, manufactures and markets insulation, […]
Sorainen advised Finnish fund YCE Housing I, managed by Vicus Capital Advisors Limited, on investment in Stage I of the ‘Raitininkų sodai’ residential construction project in Vilnius. The project, developed by Lithuanian construction company YIT Kausta, involves construction of a complex of 210 modern apartments in a strategically attractive area in Vilnius close to the […]
